Devendra Surana, Vice-President, FAPCCI, Business Opportunities in South
Africa, FAPCCI, Red Hills, Hyderabad, Andhra Pradesh. India is facing a
big inflation problem with the industries and is in a tough situation.
Any industrial production less than 8-10% is a recipe for disaster.
People at the lowest wages are protected. Andhra Pradesh is facing
uncertainty situation with Telangana. Excise duty, Interest rates in the
state was brought down. Manufacturing sector occupies 16% in the
country. In AP Manufacturing is only 10% of the GDP. Services today
constitute 60% of our Indian economy. http://www.hybiz.tv/Devendra-Surana---FAPCCI/167241
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